After just spending a bit more time on this I may be being a bit optimistic on the actual current Almond price as there are several different quoted prices.
For the sake of being conservative I have reduced all my forecast revenue numbers by approx 10%.
This still gives a 2016/17 PE of 9.0 which is still pretty good.
Maybe someone out there can show me a website that gives the actual price Select Harvest gets for there type of Almonds and it will no doubt help everyone on this forum with trying to forecast this years expected profit.
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After just spending a bit more time on this I may be being a bit...
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